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Fundamental Accounting Principles (22nd edition)


Author: John Wild and Ken Shaw

Publisher: McGraw-Hill Education


Publish Date: October 1, 2014

ISBN-10: 77862279

Pages: 1224

File Type: PDF

Language: English

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Book Preface

Enhancements in technology have changed how we live and learn. Working with learning resources across devices, whether smartphones, tablets, or laptop computers, empowers students to drive their own learning by putting increasingly intelligent technology into their hands.

Whether the goal is to become an accountant, a businessperson, or simply an informed consumer of accounting information, Fundamental Accounting Principles (FAP) has helped generations of students succeed. Its leading-edge accounting content, paired with state-of-the-art technology, supports student learning and elevates understanding of key accounting principles.

FAP excels at engaging students with content that will help them see the relevance of accounting. Its chapter-opening vignettes showcase dynamic, successful entrepreneurial individuals and companies and highlight the usefulness of accounting to business owners. This edition’s featured companies— Apple, Google, and Samsung—capture student interest with their products, and their annual reports serve as a pathway for learning financial statements. New in this edition, Need-to-Know illustrations in each chapter demonstrate how to apply key accounting procedures. They are supported by guided video presentations. FAP also delivers innovative technology to help student performance.

Connect Plus Accounting provides students with a media-rich eBook version of the textbook and offers instant grading and feedback for assignments that are completed online. Our system for completing exercise and problem material takes accounting content to the next level, delivering assessment material in a more intuitive, less restrictive format that adapts to the needs of today’s students.

This technology features:

• a general journal interface that looks and feels more like that found in practice.
• an auto-calculation feature that allows students to focus on concepts rather than rote tasks.
• a smart (auto-fill) drop-down design.

The end result is content that better prepares students for the real world.

Connect Plus Accounting also includes digitally based, interactive, adaptive learning tools that provide an opportunity to engage students more effectively by offering varied instructional methods and more personalized learning paths that build on different learning styles, interests, and abilities.

The revolutionary technology of the LearnSmart Advantage Series—consisting of LearnSmart™, SmartBook™, and SmartBook Achieve™—is available only from McGraw-Hill Education. All three products are based on an intelligent learning system that uses a series of adaptive questions to pinpoint each student’s knowledge gaps and then provides an optimal learning path. Students spend less time in areas they already know and more time in areas they don’t. The result: Students study more efficiently, learn faster, and retain more knowledge. Valuable reports provide insights into how students are progressing through textbook content and information useful for shaping in-class time or assessment.

Interactive Presentations teach each chapter’s core learning objectives in a rich, multimedia format, bringing the content to life. Your students will come to class prepared when you assign Interactive Presentations. Students can also review the Interactive Presentations as they study. Further, Guided Examples provide students with narrated, animated, step-by-step walk-throughs of algorithmic versions of assigned exercises. Students appreciate the Guided Examples, which help them learn accounting and complete assignments outside of class.

A General Ledger (GL) application, new to 22e, offers students the ability to see how transactions post from the general journal all the way through the financial statements. It uses the intuitive, less restrictive format as that used for other homework, and it adds critical thinking components to each GL question, to ensure understanding of the entire process.

The first and only analytics tool of its kind, Connect Insight™ is a series of visual data displays—each framed by an intuitive question—to provide at-a-glance information about how your class is doing. Connect Insight provides a quick analysis on five key dimensions, available at a moment’s notice from a tablet device: How are my students doing? How is my section doing? How is this student doing? How are my assignments going? and How is this assignment going?

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